Ladies and gentlemen, BTC has rallied from the 88,000 level. Are you again tempted to go all in? Hold on, let me first break down the logic behind this market movement.

Many people's loss stories are quite similar—mistakenly viewing a "rebound" as a "reversal." So what's going on with this volume-constrained rally? Simply put, it's a classic "dead cat bounce."

The institution's critical long position is stuck at 89,644.5. Our current gain? It's just a tired short covering to fill the gap. The 88,900 to 89,500 range, to be honest, is a bait left for big players to "rebuild positions."

The pattern is always the same: during declines, increased volume dumps create panic; during rebounds, reduced volume absorbs retail traders' chips. I'm very familiar with this rhythm. There are only two scenarios ahead: either a massive breakout and stabilization above 89,644, or a rejection in the red FVG zone, leading to a direct fall below 88,230 towards 86,000.

Honestly, chasing longs now is like becoming a leek. Instead of that, it's better to lay in wait around 89,500, and act only when a "exhaustion signal" appears. Keep your fingers in control, and don't give institutions chips to scoop up.